Chain News Today TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Dogecoin is one of the leading cryptocurrency tokens in the market. Since its launch, the token has seen significant ebb and flow in its valuation and has managed to build a credible fan following throughout the years. With the ETF narrative gaining momentum, leading financial giants like Bitwise are exploring launching DOGE ETFs. Will this development help Dogecoin climb to new price highs? Let’s find out. Also Read: China Exempts Key U.S. Goods From 125% Tariff—What’s on the List? Dogecoin: What’s the Update? Source: Watcher Guru Dogecoin is currently sitting at a new price mark of $0.17, down 1.22% in the last 24 hours. The token is currently a central part of the rising ETF domain, where giants like Bitwise have expressed their desire to explore and launch DOGE ETFs. However, in a new development, the US SEC has delayed the Bitwise DOGE ETF decision, with its new deadline for approval fixed around June 15, 2025. SEC delayed decision on these today… -Franklin SOL & ...

Tether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves backing its Tether Gold (XAUT) stablecoin. Launched in 2020, XAUT is a digital asset pegged to the price of one ounce of physical gold. According to the new press release from Tether, each token represents direct ownership of gold bars held in secured Swiss vaults. Says Paolo Ardoino, CEO of Tether, “Tether Gold continues to demonstrate the strength and resilience of gold as a store of value, especially in times of economic uncertainty. With XAUT, we’re offering users the ability to access the security of physical gold in a digital form—secure, easily transferable, and backed 1:1 by fully held gold reserves. It’s part of our broader commitment to building financial tools that combine the best of traditional assets with the efficiency of blockchain technology.” The disclosure comes amid ongoing s...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The chairman of Switzerland’s national bank has criticized bitcoin’s (BTC) ability to perform as a currency reserve asset while also rejecting calls from crypto advocates to utilize it as an economic hedge. As reported by Reuters, Chairman Martin Schlegel made the comments at the Swiss National Bank shareholder meeting on Friday. His concerns included cryptocurrency’s liquidity and its “very, very high” fluctuating prices.  He said, “Cryptocurrency cannot currently fulfil the requirements for our currency reserves.” Bitcoin campaigner and Bitcoin Suisse board member, Luzius Meisser, was also present at the meeting.  Meisser said that, while BTC “might not be worth much in scenarios that most of you consider normal,” he claimed it “will be worth a lot in the specific scenario of a multipolar world order with fading trust in government debt.” Swiss gov’t supports cash referendum amid digital payment concerns Read more: Billionaire ...

The cryptocurrency market collectively celebrated Bitcoin’s rise above $100,000. This was a milestone that the community had been yearning for years. As the world’s largest cryptocurrency moved beyond this mark, several industry experts were rushing in to predict the asset’s next move. While some believe that BTC is on its way to hit $1 million, a few others were setting short-term targets. A recent study by Finder highlighted a rather ambitious prediction of 25 cryptocurrency industry experts. Also Read: Pi Coin to Hit $0.90 Soon? End-of-April Prediction Stuns Traders A Look At Bitcoin’s Current Price Source: Watcher Guru At the time of writing, BTC was trading at $93,324.36. This price level was achieved after the king coin surged by 1% over the past 24 hours. It should be noted that Bitcoin has remained below the $90,000 mark for the past month. During this period, the asset even plummeted to a low of $74,436.68. The latest rise comes as a much-needed respite ...

The cryptocurrency market witnessed a surge over the last few days. Bitcoin (BTC) briefly breached the $94,000 mark. The asset has since dipped to the $92,000 level. The global crypto market cap has fallen 3.7% in the last 24 hours to $2.98 trillion. VeChain (VET) also experienced a price surge amid BTC’s rise to $94k. VET’s price has dipped 3.6% in the daily charts, 3.5% over the previous month, and 40.7% since April 2024. The asset has rallied 10.7% over the last week and 15.1% in the 14-day charts. Also Read: Jio Financial Shares Expected To Reach 300 For Sure: Analyst Source: CoinGecko Cryptocurrencies Surge Amid Trump’s Memecoin Dinner Source: Salon.com VET’s rally could be due to several bullish developments. The rally is most likely due to BTC breaching the $94,000 mark. BTC’s surge could be due to BlackRock purchasing more than $800 million worth of the asset over three days. President Trump plans to host a dinner for the top holders of his Official...

Binance customers can now trade the brand new native altcoin of a permissionless interoperability protocol. The top global crypto exchange airdropped Hyperlane (HYPER) to qualified users this week and then listed the asset for trading on Tuesday. HYPER is the 15th project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Hyperlane bills itself as an interoperability protocol for cross-chain communication across different blockchain environments. “Hyperlane is the first permissionless interoperability layer that allows smart contract developers to send arbitrary data between blockchains. Developers can use Hyperlane to move tokens, execute function calls, and many other things that allow for the creation of interchain applications, apps that can be accessed by users on any blockchain.” The project aims to enable message passing and asset transfers between chains wit...

Bitcoin pushed passed the $94,000 threshold on Wednesday, touching an intraday peak of $94,982 before easing back slightly in late afternoon. The move lifted the world’s largest cryptocurrency more than 20 per cent above its early-April lows and within sight of November’s all-time high. #Bitcoin pic.twitter.com/do1uB9R2gw — Bitcoin (@Bitcoin) April 23, 2025 The latest advance came as President Donald Trump softened recent criticism of Federal Reserve Chair Jerome Powell and hinted at lower tariffs on Chinese imports, twin signals that encouraged risk appetite across global markets. Bitcoin’s jump coincided with a rebound in US equity futures and a steadier dollar, underscoring its growing sensitivity to macro-policy headlines. Relief rally follows calmer White House rhetoric Crypto traders began bidding prices higher late Tuesday after Mr Trump told reporters he had “no intention” of removing Mr Powell and was open to “substantially” reducing tariff...

President Donald Trump is busy imposing tariffs on nations. These tariffs have spurred global market instability, impacting the US markets negatively. This development has also compelled several nations to recoup and figure out a counterstrategy to continue working with the United States. At the same time, nations like China have counter-imposed tariffs on the US, sparking widespread trade war narratives. In its wake, a new development has caught pace, which is now impacting the US dollar, ushering in de-dollarization drives to take over the world. Will the dollar lose its status before Trump’s reign ends? Let’s find out. Also Read: De-Dollarization: Experts Predict Outcome Of Yuan Vs. US Dollar Trump Tariffs and De-Dollarization Source: Watcher Guru Trump continues to rake in headlines no matter what he does. For instance, the president has embroiled himself in an active trade war narrative by imposing strict tariffs on several nations. At the same time, Trump has recently ...

Tokyo-based investment firm Metaplanet has bolstered its Bitcoin reserves, acquiring an additional 330 BTC valued at approximately $28.2 million. This purchase elevates the company’s total holdings to 4,855 BTC, worth over $414 million, positioning Metaplanet as Asia’s largest corporate Bitcoin holder and the tenth-largest globally.​ Strategic Accumulation Amid Market Volatility Metaplanet’s recent acquisition, executed at an average price of $85,605 per Bitcoin, marks its third purchase in April 2025. Despite prevailing market uncertainties, including global economic pressures and fluctuating cryptocurrency valuations, the firm remains steadfast in its commitment to Bitcoin as a long-term asset.​ Up only pic.twitter.com/DxMW2kYxo5 — Simon Gerovich (@gerovich) April 21, 2025 The company’s CEO, Simon Gerovich, highlighted a year-to-date Bitcoin yield of 119.3%, reflecting the firm’s strategic focus on maximising Bitcoin per...

An XRP price breakout might be imminent, according to signals from the cryptocurrency’s technical setup. The key indicator comes from the Bollinger Bands (BB), a technical Analysis tool that measures market volatility and potential price movement.  On the latest four-hour chart, XRP’s Bollinger Bands are tightening, meaning the upper and lower bands are converging, as per insights shared by prominent crypto analyst Ali Martinez in an X post on April 21. “The Bollinger Bands are squeezing on the XRP 4-hour chart, signaling that a major price move could be just around the corner,” Martinez said.  XRP price analysis chart. Source: TradingView/Ali_charts The “Bollinger Band squeeze” indicates a period of low volatility that often precedes a significant price move, though it doesn’t specify direction. Traders typically await confirmation, while experienced investors prepare for either a breakout or breakdown. The XRP com...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...